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    Cedar Park Flex Space Available Title is generated by Realmo AI

    2000 Windy Terrace Building 12 Unit 12A, Cedar Park, TX 78613

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    Picture of Flex space at 2000 Windy Terrace Building 12 Unit 12A, Cedar Park, TX
    For Sale
    Contact for pricing

    3,000 SF of Flex Office/ Warehouse FOR SALE OR LEASE

    Property size:
    3,000 SF
    Lot size:
    0.07 Acres
    Added:
    Mar 27, 2025
    Days on Market:
    423
    Last Refresh:
    Mar 16 at 9:06 am

    Property Features for 2000 Windy Terrace Building 12 Unit 12A

    General Information

    Standard status
    Active
    Property type
    Flex space, Warehouses, Other office properties, Industrial properties, Office Spaces
    Size
    3,000 SF
    Net Rentable
    3,000 SF
    Elevators
    N/A
    Lot size
    0.07 Acres

    Building Details

    Year Built
    2015
    Buildings
    1
    Stories
    2
    Units
    3

    We can help!

    Listing Contact
    Riley Perry

    Listing agent Riley

    Listing office Asterra Properties

    Listing date Mar 27, 2025

    Overview

    Located at 2000 Windy Terrace, Building 12, Unit 12A in Cedar Park, TX 78613, this 3,000-square-foot Class B flex office/warehouse space offers a versatile layout suitable for various businesses. The unit includes 1,400 square feet of office space and 1,600 square feet of warehouse space, providing ample room for administrative functions and storage or production. The warehouse area features two 12-foot grade-level roll-up doors at the rear of the building. Interior features include a reception area, three individual offices, one restroom, and an 18-foot clear height ceiling in the warehouse. Shared parking is available. The property is zoned LI and is situated on a 0.06887-acre lot. Available for both sale and lease, this property offers the opportunity to acquire a functional space in a desirable Cedar Park location. The combination of office and warehouse space makes it suitable for a wide range of businesses seeking a flexible and efficient workspace.
    Location Intelligence

    Current Use by Public Records

    Flex space

    Similar Places Nearby

    • Salt Kitchen — 1150 S Bell Blvd, Cedar Park, TX 78613
    • Three Brothers Food Truck — 602 S Bell Blvd, Cedar Park, TX 78613
    • Three Brothers Food Truck — 1050 Cluck Creek Trail, Cedar Park, TX 78613

    Map

    City
    Cedar Park
    County
    Williamson
    State
    Texas
    Longitude
    -97.8267
    Latitude
    30.4956

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    FAQs

    What type of property is this?
    Flex space - 3,000 SF of Flex Office/ Warehouse FOR SALE OR LEASE
    Where is this flex space located?
    The property is located at 2000 Windy Terrace Building 12 Unit 12A Cedar Park, TX.
    (936) 615-2662
    We can help!
    Listing Contact
    Riley Perry
    Learn More
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

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